When your monthly mortgage payment is multiplied by 12 months and divided by the 26 pay periods in a year. The amount is withdrawn from your bank account every two weeks, so you make 26 payments per year.
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When your monthly mortgage payment is multiplied by 12 months and divided by the 26 pay periods in a year. The amount is withdrawn from your bank account every two weeks, so you make 26 payments per year.
« Back to Glossary Index